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RAB busts currency counterfeiting gang

Staff Correspondent
24 Oct 2022 00:00:00 | Update: 23 Oct 2022 22:26:14
RAB busts currency counterfeiting gang
Rapid Action Battalion arrests a currency counterfeiting gang in different places across the country on Sunday – RAB Photo

Rapid Action Battalion arrested a gang of four including its leader for their alleged involvement in making counterfeit currencies in Dhaka, Sirajganj and Khulna on Saturday.

After primary interrogation, RAB came to know that 15-20 more people are also involved with this gang and they have circulated counterfeit notes worth Tk 2 crore in the past year.

RAB spokesperson Commander Khandaker Al Moin at a press briefing on Sunday said that this gang resorted to such crimes to become rich in less time with almost no capital.

Commander Moin claimed the leader of the gang gathered primary technical know-how on counterfeiting currencies through YouTube, Facebook and Google.

A team of RAB-4 conducted separate raids in Dhaka, Sirajganj and Khulna and arrested the four and seized a huge cache of equipment used in the crime. The arrestees are – Md Maun Hossain Sabbir, 21, Md Parvez, 20, Md Tarek, 20, and Md Shihab Uddin, 20.

The arrestees told RAB that Sabbir used to handle everything because of his command over all aspects of counterfeiting currencies. During the peak time of their business such as festivals, they used to circulate fake notes worth Tk 2 lakh daily, said Moin.

Moin said that the gang used to sell a set of fake notes worth Tk 1 lakh at only Tk 15-20 thousand. They mainly considered Dhaka as a safe and easy place to manufacture and circulate fake notes. They also circulate such notes in Sirajganj, Khulna and Jashore.